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Cited by 122Global trade and economicsWorld Trade Organization LawInternational Relations in Latin America

Is the WTO Passé?

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Bagwell, Kyle, Bown, Chad P., Staiger, Robert W.·2016·Journal of Economic Literature
DOI 10.1257/jel.20151192
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Abstract

The WTO has delivered policy outcomes that are very different from those likely to emerge out of the recent wave of preferential trade agreements (PTAs). Should economists see this as an efficient institutional hand-off, where the WTO has carried trade liberalization as far as it can manage, and is now passing the baton to PTAs to finish the job? We survey a growing economics literature on international trade agreements and argue on this basis that the WTO is not passé. Rather, and subject to some caveats, our survey of research to date suggests that the WTO warrants strong support while a more cautious view of PTAs seems appropriate. (JEL F13, F14, K33, N70)

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Cited by

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Authors
Bagwell, K., Bown, C. P., & Staiger, R. W.
Affiliations
  • National Bureau of Economic Research (US)
  • Peterson Institute for International Economics (US)
ORCID
Bown, Chad P.
Venue
Journal of Economic Literature
Publisher
American Economic Association
Published
2016-12-01
Volume
54
Issue
4
Pages
1125-1231
ISSN
0022-0515 (ISSN-L)
DOI
10.1257/jel.20151192
OpenAlex
W1874251451
Cited by
122
References
2
Citations by year
2026: 6 · 2025: 8 · 2024: 10 · 2023: 6 · 2022: 11 · 2021: 7 · 2020: 19 · 2019: 26 · 2018: 8 · 2017: 10 · 2016: 10 · 2012: 1
FWCI
45.89
Type
journal article
Language
en
Open access
Licence
other-oa
Locations
  • Journal of Economic Literature (publishedVersion, other-oa)
  • RePEc: Research Papers in Economics (submittedVersion)
Topics
  • Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Global trade and economics
  • Social Sciences › Political Science and International Relations › World Trade Organization Law
  • Social Sciences › Political Science and International Relations › International Relations in Latin America
Keywords
World Trade Organization, preferential trade agreements, trade liberalization, international trade agreements, multilateral trade negotiations, trade policy

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